secwatch.observer — SEC 8-K summary
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Issuer:     WYNDHAM HOTELS & RESORTS, INC. (WH)
CIK:        0001722684
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001722684-24-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wyndham Hotels Q1 adjusted EPS $0.78; raises FY2024 EPS outlook; pipeline record 243k rooms
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- Q1 global RevPAR +1% constant currency; US RevPAR -5%, International +14%.
- Adjusted EBITDA $141M vs $147M YoY; adjusted diluted EPS $0.78 vs $0.86; includes $0.09 marketing fund headwind.
- Board increased share repurchase authorization by $400M; Q1 buybacks $57M and dividends $0.38/share.
- Development pipeline +8% YoY to record 243k rooms; system rooms +4% YoY; opened 13k rooms (+27%).
- FY2024 adjusted diluted EPS guidance raised to $4.18-$4.30 from $4.11-$4.23; other metrics unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722684/000172268424000008/0001722684-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722684/000172268424000008/wh-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001722684-24-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer